Lol Walton coin a secure future store of wealth.
What a time to be alive.
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12-16-2018, 09:55 PM #2281
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12-16-2018, 09:58 PM #2282
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12-16-2018, 10:50 PM #2283
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12-16-2018, 11:57 PM #2284
This, wtc is as legit as any crypto project to be fair.
-only chinese project invited to china's great hall earlier in the year to talk blockchain regs.
-first korean blockchain institute standardised by govt education dept (first grads in feb next yr).
-attends china govt regulation session (with matrix ai). No other public chinese blockchains invited as far as i know. But neo china's ethereum LOL
-multiple korea + china govt partnerships
-ddm, biggest retail district in korea adopting wtc chips
-mutiple wtc subsidiaries manufacturing chips and blockchain hardware.
But no, basement dwelling crypto projects that have no physical presence in this world obviously more legit.
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12-17-2018, 01:40 AM #2285
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12-17-2018, 04:55 AM #2286
Im not trying to come at you hard, and if i am i apologize, and its not my intention.
We see eye to eye but we dont. We have very different opinions. I havent drank the kool-aid laced with cyanide. Also you dont know anything about me, and i dont know anything about you. Im not this idiot you keep painting me to be. I am well aware of what bitcoin is. I am also very adaptable. I don't know how long you have been in this space, how much you have invested, and how much you are up or down or if you have a mob boss loan shark pointing a gun at your kneecaps right now. Truth of the matter is that it does not matter. If i need to swing back to bitcoin i will. Im not going to sit around for this "long time frame" for a pipe dream. If you want to wait 20-60 years for bitcoin cool, im not. If i really want to i will jump back in around the 19 year mark. Honestly i rather get into politics and cuck every single bitcoin maximalist just to troll even if it takes me to the poor house. Keep drinking that bitcoin kool-aid boyo. It doesnt bother me any, but dont pretend like you know what my life is like or what im going through or what i think about. Im doing pretty well btw, and i thank god everyday for the many blessings.No signature
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12-17-2018, 05:30 AM #2287
Powerskenny you can chit talk me all day long, but when you start attacking everyone else you really break a cord. Dont make me ether you in front of this whole thread. I will give you pictures of me. I will show you my account balances, i will even offer to fly you out here old man, and i would like to see you even try and lay a finger on me. I promise you will break your hand on my head and i wont even need to touch you to wrek you old man. Do you want me to teach you a lesson? Hide behind that keyboard kenny. You are a sad dude, and you dont have the balls to post bank statements or pictures of your greasy forehead. Bet you are eating cheetos with chopsticks so you dont get your corsair pleb race keyboard dirty. Low tier poverty scum. If you post in here again you better have some content or im going to dox you or get a mod in here you *******. I already doxxed welshautist but didnt want to drag him on misc because hes a nice guy.
44 years old. top kek. Im a 25 year old security guard/welder that dropped out of college and i probably have a higher net worth than you and havent worked in a year. You want some humble pie kenny? Quit talking chit to everyone in this thread.No signature
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12-17-2018, 06:46 AM #2288
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12-17-2018, 07:27 AM #2289
If you scroll back a bit, you'll see that I tipped my hat your way and pretty pleasantly asked how you were doing. Good to hear you ended up making out pretty well. I don't know you from a hole in the wall but I do have a bit of knowledge about when you bought into eth, and what type of gains you stood to make. Happy to hear that you locked in some of those profits. I really don't take anything too personally, especially on the MISC lmao. I do take technical conversations pretty seriously, and although I have apparently "drank the koolaide" I also don't want to see people taking financial advice that is not technically sound. I think in a way I view you as one of the misc crypto OG's and associate that with a bit of clout. So when I see you dismissing all criticism as "bitcoin maximimalist professional hit piece" I just want to counter that with the other side of the argument so that folks on here get the full picture. End of the day its a crypto chat on the MISC, I don't know why I really even care. But I'd like to see actual debate about the merits of this stuff, versus just chitposting all day long. I'm sure you remember to good old days of Bitcointalk.org when it wasn't shill.com/referalllinks.org. Anyways, I am just a pretty normal engineer who made modest (4 figure) gains mining and selling LONG before the epic 2017 pump. I think I've made a few pretty solid arguments for so called "BTC Maximalism" and you pretty much deflected. I'll ask you a pointed question as I can get pretty verbose.
Can the concept of a cryptocurrency being a global reserve currency / store of value continue to exist in a world where BTC has been "flipped"? If another coin takes on the mantle as the REAL store of value coin, would this type of a "flippening" validate the concerns of Peter Schiff and others that "21 million coin cap" is just a myth? That you can simply create new coins and protocols to bypass the supply cap? Or do you think that type of event will just be business as usual, "markets don't wait for a perfect solution" type of thing?We are all gunna make it
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12-17-2018, 07:35 AM #2290
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12-17-2018, 08:08 AM #2291
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12-17-2018, 08:10 AM #2292
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12-17-2018, 08:26 AM #2293
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12-17-2018, 08:38 AM #2294
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12-17-2018, 09:53 AM #2295
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12-17-2018, 10:32 AM #2296
lol yall have no idea what I have going on. Im not about to call you out Alan Watts. Believe me, i know plenty about you, and i know who your friends are.
Anyway im out again. I only came back because i had people bugging me in my pms and rep bar. Its clear yall havent grown up yet. Enjoy the TA or whatever trash scheme yall have going on. Might just go make some alts just to troll everyone. Whats everyone holding or trading nowadays?
See ya later boyos!! I just got a whole lot more free time!!!!!No signature
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12-17-2018, 10:33 AM #2297
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12-17-2018, 10:35 AM #2298
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12-17-2018, 10:43 AM #2299
Hey man sorry about earlier, i know its not an excuse, but i just got back from a snowboard trip and didnt check the computer the entire time, and when i got back i had pms and stuff from other sites that set me off so i was in a pretty bad mood. Anyways to try and answer your questions. I would say yes and no for that question. I do believe something else could flip bitcoin as the "store of value" and the market could still survive. Would something flip it? Possibly? Nothing in life is 100% certain and ive seen plenty of black swans im my life so im not going to say bitcoin is king now and forever. It would be tough for something else to flip it, but im not ruling it out. This technology is still pretty nascent and BTC is still sitting at like a $65b mcap and its reputation isnt doing too hot right now. If something is hard to explain, it just makes adoption that much harder. You probably already know by now how hard it can be to get good friends and even total strangers to do some of the most easiest tasks. If bitcoin could be explained easier or it was easy to use, i think it would have a really good shot.
Some of the greatest minds in the world would use as little words as possible.
Anyways im out, just forgot that i passed by you. Might come back if you have a rebutal or you can prime minister me.No signature
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12-17-2018, 10:48 AM #2300
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12-17-2018, 10:55 AM #2301
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12-17-2018, 11:14 AM #2302
Wow, blockstream has leased some bandwidth on satellites giving devs access to satellite APIs on lightning network. Effectively giving bitcoin bloclchain access around 90% of the world via a usb and software (no ISP routing) + privacy. Pretty mimdblowing what this could be in the future.
https://coinrivet.com/blockstreams-s...mpression=true
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12-17-2018, 11:21 AM #2303
Ironically I was out snowboarding Thursday-Saturday. Anyhow, I agree that the complicated nature of Bitcoin makes it pretty hard to adopt. It's basic value proposition assumes the user has an understanding of monetary supply, global economy, and a high level of computer science proficiency. I want to re-iterate my argument here as it seems like you are hearing "do you think something CAN flip bitcoin as store of value" which we both agree is certainly possible. "The market could still survive" being your answer to the question, but I'm asking why you think that?
The Bitcoin Store Of Value proposition is centered on its deflationary nature, and by extension, the 21mn coin cap. The entire incentive structure of the protocol is designed in large part to ensure that this 21 Million coin cap is never changed, or else all of the various parties will lose. The value in Bitcoin is as much the social contract as it is the energy spent mining/securing the blockchain. How could you ever explain to an institutional investor that "Bithereum 2.0 Coin" is the REAL store of value, nothing is likely to flip THIS digital gold? I think there will always be a market for blockchains, but I am pretty squarely interested Trillion dollar valuations. I don't see how you could ever store Trillions of dollars in a mechanism that has been proven to be a poor store of value over time.We are all gunna make it
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12-17-2018, 11:36 AM #2304
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12-17-2018, 11:41 AM #2305
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12-17-2018, 11:59 AM #2306
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12-17-2018, 12:17 PM #2307
well, first of all, different coins have different tasks/goals. so, i find this aspect rather hard to talk about
but just like email or anything regarding new tech ---> email eventually replacing hand written letters. in its infant stages it met resistance from former system not wanting to change
but if that new system is easier/ more efficient/ cheaper/ whatever. i think its almost inherent that it will eventually replace the old tech. it may take a while, but it probably will eventually happen
not always but a lot of the time
e.g. email being instant connection vs. putting letter in mailbox, going through whatever system it goes through and taking a few days/ a week to get to recipient
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12-17-2018, 12:24 PM #2308
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12-17-2018, 12:52 PM #2309
Yep, completely agree. I think this may be one of the sticking points that make "BTC Maximalists" seem like a bunch of early adopters with their head stuck in the sand (many of them are).
There are so many ways that the future can make use of blockchains. Supply chain, micro payments, data marketplaces, smart contracts, the list can go on forever really. But I am really only focusing on one specific use case. Store of value, Sound Money, etc.
I think your "new tech always, eventually, replaces old tech" is a perfect analogy for why folks say that "Every Fiat Currency has always gone to zero" because there will always be another new and improved global power asserting their will and creating a new currency. What I am getting at, is that pretty much the only redeeming value for Bitcoin, versus any other coin, is that it is an attempt to create digital gold. You can try and create gold, but it will always take more energy/cost than simply buying some gold, or mining for gold. So baring a change in the laws of physics, we can be pretty certain that gold is a deflationary, fixed supply, finite resource. This makes it quite useful as a store of value, not discounting the fact that it is also useful in its own right as a material.
What does Bitcoin bring to the table? It's first? It's the most well known? Sure, these things matter but like you said, something newer/better always comes along. No point in trying to argue that Bitcoin is the most cutting edge protocol, there are much newer more feature rich protocols out there already. The fact of the matter is, the only thing that is truly unique about Bitcoin, what differentiates it from all the newcomers, is the massive pile of work that has already been performed on hashing the blockchain. There are millions of dollars invested in a bunch of math, that as far as we know, is "unhackable". The distribution isn't perfect, but with well over 60% of the supply already in circulation, everyone has a fair shake at buying in right now if they want to. Realistically, the value proposition of Bitcoin is that we all agree there will only ever be 21 Million tokens, divisible down to .00000001, and that if anyone ever tried to alter that fact, there are substantial incentives and market forces at play, that would resist the ability of anyone to alter the "Social Contract".
So my point is this, the only way a cryptocurrency can have value, is if it is valued by humans/AI. It realistically has no utility, at least not on a "trillion dollar" valuation level. So how does a token have value, if you can simply create a newer and better token? I mean alchemists tried for millennia to create gold. If you can create gold (profitably), it no longer has a fixed supply. I see a flippening the same way I would see an Alchemist being successful. It's not that I don't think Bitcoin needs to change, or that there aren't "better" protocols out there, its that the very idea of a trillion dollar cryptocurrency is borderline laughable. If there is a single piece of evidence that suggests the supply is NOT fixed, then you pretty much lose the valuation right there. It can no longer be thought of as gold. For me, a flippening would be that evidence.We are all gunna make it
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12-17-2018, 01:29 PM #2310
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